SMM5 18. Shanghai zinc ingots are in stock.

Published: May 18, 2020 11:47

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SMM May 18: Shanghai Zinc mainstream traded at 16760 Mel 16780 yuan / ton, Shuangyan and Chihong at 16770 Mel 16800 yuan / ton; Zinc Shuangyan and Chihong quoted a price of 130 Mel 160 yuan / ton for June; Shuangyan and Chihong quoted a liter water of 150,170 yuan / ton in June; and Shuangyan and Chihong traded 16680Met 16700 yuan / ton.

SMM, May 18:

The mainstream transaction of zinc in Shanghai was 16760 Mel 16780 yuan / ton, Shuangyan and Chihong 16800 yuan / ton, Shuangyan and Chihong quoted a price of 160 yuan / ton in June, Shuangyan and Chihong quoted a price of 150 RMB170 / ton in June, and Shuangyan and Chihong traded 16680 RMB16700 / ton in June. The Shanghai Zinc 2006 contract fluctuated within a narrow range, and the morning market closed at 16670 yuan / ton. Zinc prices are relatively high, smelters ship goods normally, early market traders mainly receive goods, spot quotations go up, the morning market quotes rise to about 130 yuan / ton, and then gradually rise to about 150 yuan / ton, and the average price remains active. There are few quotations when the average price goes down during the day. Into the second trading session, the market domestic quotation again adjusted to rise water 160 yuan / ton, but the market shipping will improve, coupled with zinc prices rebounded downstream there are wait-and-see, transaction slightly weaker, another import quoted rising water 100lb 120 yuan / ton, import squeeze, Shuangyan, Huize transaction is not smooth, the offer than the early market only fine-tuned 20 yuan / ton to rise water 170 yuan / ton, the overall transaction within the day is OK.

"Brand"

Transaction interval

2006

Shuangyan and Chihong

16770Mutual 16800

150 may 170

Qin Zinc and Yuguang

16760 Mutual 16780

130 Mustang 160

SMC

16720Mutual 16760

110Mutual 120

Belgium, Spain

16700Mutual 16750

100m 110

Zinc in the afternoon

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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